The National Thermal Power Corporation (NTPC) on Wednesday handed over a cheque of more than Rs 26 crore -- towards acquisition of land for first phase -- to Karnataka Industrial Area Development Board (KIADB). The cheque was received by the Chief Minister B S Yeddyurappa.
The supercritical thermal power plant would have five units of 800 mw each. About 3,500 acres of land in Kudgi has been identified, and NTPC has placed a requisition with KIADB for acquisition of 1973 acres for the first stage (three units of 800 mw).
State officials said the land acquisition was expected to be completed in three months.